Benefits Think Is student loan refi the benefit of the decade?
The offering resonates deeply with the millennial talent pool, but it has a dark side as well.
Student loan debt
Student debt has multi-generational impact on financial wellness
School loans are weighing on millennials and boomers, distracting them at work and affecting their retirement strategies.
Student debt has multi-generational impact on financial wellness
Outstanding student loans are affecting baby boomers who may be helping their kids pay down balances owing instead of saving enough money to fund their own retirement.
PwC prioritizes student loan debt repayment benefits
The accounting and consulting firm hires many millennials and estimates that up to 15,000 of its 46,000 employees have one or more student loans.
Is student debt the next area of benefits innovation?
Some employers are exploring student loan repayment as a way to attract talent and differentiate themselves from the competition.
Student loan debt repayment area of benefits innovation
As companies strive to find new and better ways to attract and retain skilled workers, some are exploring student loan debt repayment as a way to differentiate themselves from the competition.
Student debt repayment benefit gains more ground
Natixis Global Asset Management is offering a new benefit that it hopes will allow more employees to begin saving for retirement instead of spending all of their extra money paying off student loan debt.
Student loan debt hindering retirement savings
401(k) and other defined contribution plan sponsors report high participation rates by millennials; however, millennials with student loan debt are saving at a lower rate.
Student loan refinancing company expands offerings
Student loan debt affects employees of all ages, not just new grads.